A Social Security recipient's buying power is reduced as a result of inflation, so he or she tries to save money by buying cheaper alternatives to normal purchases. President Obama encouraged factoring this example of _____ into the cost of living adjustment
A) welfare assistance
B) ?traditional CPI
C) ?the Social Security Trust Fund
D) ?chained CPI
E) ?the poverty level
D
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Government regulation of business in the U.S. has grown in response to the realization that
A) a laissez-faire approach does not always result in competitive markets. B) business cannot be trusted to seek profits. C) members of the public deserve a say in everything that affects them. D) American competitiveness requires a government role in business. E) government study of business practices will increase government efficiency.
Which of the following is a reason states go into debt?
A. due to a trade deficit B. due to bad investments C. borrowing to pay for government budget surpluses D. to create greater standing wealth
What is a merit system? Who administers it?
What will be an ideal response?
A 1912 constitutional amendment in Texas allowed some municipalities to adopt "home rule" status, which made it possible
A) for some cities to decide their own structure and powers under certain limitations. B) to avoid boundary disputes due to redistricting. C) for two or more cities to consolidate public service provisions. D) for special districts to be consolidated. E) for counties to be abolished in Texas.